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Morning Edition · Wednesday, September 2, 2026Published at 1:46 AM EDT · New York
Robinhood Chain Collects $1.9 Million in a Day and Arbitrum's Token Rises 30 Percent
The network's disclosed fee split gives no clear route from that revenue to Robinhood's own accounts, and the chain still runs at the lowest maturity stage L2Beat assigns.
Revenue on Robinhood Chain reached $1.9 million over 24 hours, and traders bid the Arbitrum token up about 30% on the assumption that the network's use of Arbitrum technology would translate into value for that token, CoinDesk reported. Cry…
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Brokerage-Owned Chains Capture On-Chain Flow</title
Consumer brokerages keep launching their own settlement networks and routing customer activity onto them, drawing fee revenue and liquidity away from neutral public layer-2 networks while retaining centralized control over upgrades and economics.
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